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Middlesex
225 Pine Hill Road
$419,000
● House - Off Market

225 Pine Hill Road

Chelmsford, MA 01824
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,520 Ft²
$745,686
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Totally renovated charming cape style home on rolling level acre and framed by stone walls.  The list of updates includes roof cover, vinyl siding, extra insulation, new windows, new garage door with garage door opener, and there is exterior drainage.  On the interior, which is freshly painted in soft neutral tones, there are three new baths, new kitchen with new cabinets, granite counters and new appliances.  Updated electric - 200 amp circuit breaker panel.  New gas furnace, hot water heater, air conditioning, central vacuum and refinished hardwood floors.  There is a gas line for future gas grille on the patio and the house is wired for a generator.  The single car garage is oversized and could possibly be made into a two car garage.  What more could you ask for.  Great opportunity for a lucky buyer.
Unit Size
1,520 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$276
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #71853805)

Price History

Date / Event Date Event Price
Jul 21, 2015 Sold
Premium
Sold
Jun 8, 2015 Listed by Century 21 North Shore/ Howe $419,900
Listed by Century 21 North Shore/ Howe

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,648
  • Gross Building Area: 3,236
  • Building Area: 1,648
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chelmsford School District
  • School Tax School District: CHELMSFORD SD
  • Census Tract: 317201

Geography

  • Account Number: 9132
  • Parcel: CHEL M:0090 B:0344 L:27
  • Block: 344
  • Lot: 27
  • Municipality: CHELMSFORD
  • Latitude: 42.5875
  • Longitude: -71.3899

    Address

  • Full Address: 225 Pine Hill Rd
  • Address - House Number: 225
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chelmsford
  • Carrier Code: R021
  • 4-Digit Zip Code: 1965
  • Zip Code: 01824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $849,600

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 707,146
  • High Value: 830,507
  • Low Value: 583,785

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,200
  • Assessed Land Value: $333,000
  • Assessed Improvements Value: $258,200

    Sales

  • Current Sale Recording Date: Jul 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31805
  • Previous Sale Recording Date: Aug 28, 2014
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71853805

Frequently Asked Questions

When was property at 225 Pine Hill Road built and last sold?
The property at 225 Pine Hill Road was built in 1964 and last sold on Jan 1, 1970 for $419,000.
How much is this home worth?
The estimated value of the home located at 225 Pine Hill Road is $436,696.
What are some comparable homes to 225 Pine Hill Road?
There are currently no comparable homes to 225 Pine Hill Road.
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